Shark Tank Pitch Recap
In Season 10 Episode 6, Joe and Megan Johnson appeared on Shark Tank seeking $250,000 for 10% of their dissolvable protein packs, Vade Nutrition.
Here’s a quick recap before we dive into the Vade Nutrition Shark Tank update.
- : “You’re home run comes from licensing the patent.” The dissolvable protein packs are just a proof of concept.
Offer: $350K for a 20% equity stake
- : She loves the delivery system and agrees with Mark but it’s not enough.
Out
- : He believes this deal is in his wheelhouse. He wants Mark to join him.
Offer: Alex and Mark at $700K for 40%
- Joe and Megan make Alex and Mark a counter offer.
Counter Offer: $700K for 25%
Episode Info
| Season 10 Episode 6 |
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| Episode Number | |
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| Network | |
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| Air Date | November 25, 2018 |
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Pitch Info
| Business Pitch | dissolvable whey protein scoops |
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| Entrepreneur/Founder | Joe Johnson and Megan Johnson |
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| Asked For | $250,000 for 10% |
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| Deal | $700,000 for 40% |
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| Shark | Mark Cuban and Alex Rodriguez |
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Business Info
| Business Status | In Business |
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| Estimated Valuation | |
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| Website | vade.com | |
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